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$799,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
|
1,248 |
$3,144 |
1982 |
|
On the market:
0 days
|
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DEVELOPMENT OPPORTUNITY | 2.9± ACRES | 3 PARCELS | OPPORTUNITY ZONE
Rare development opportunity consisting of approximately 2.9 acres across three contiguous parcels at 5855, 5865 & 5877 Old Gordon Road in Mableton. Strategically located just off GA-139 / Mableton Parkway, with convenient access to I-20 and I-285, providing strong connectivity to Downtown Atlanta, Hartsfield-Jackson Atlanta International Airport, the Cumberland/Galleria area and the greater Metro Atlanta region. The property is also convenient to Six Flags Over Georgia, the Silver Comet Trail, shopping, dining and major employment corridors.
Currently zoned R-20, the property offers compelling residential development potential. Importantly, nearby property has received RD (Residential Duplex) zoning, providing a relevant local zoning precedent and suggesting potential for increased density, subject to rezoning and approval by the City of Mableton.
The property is also located within an Opportunity Zone, adding another consideration for investors and developers evaluating the site.
Strong new-construction activity supports the area: recent new-construction residential sales within approximately one mile have ranged from roughly $420,000 to $680,000 during the past five months.
With nearly three acres, three assembled parcels, excellent regional connectivity, nearby higher-density zoning precedent and strong surrounding new-construction values, this property presents an outstanding opportunity for a builder, developer or land investor.
Buyer to independently verify zoning, Opportunity Zone status, allowable density, utilities, development feasibility and all governmental approvals.
Listing courtesy of Jonathan Livnat, Maximum One Realty Greater ATL.